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Finally getting traction on criminal behavior with potential to bring the "One" down.
1 posted on 09/08/2011 12:00:01 PM PDT by bestintxas
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To: bestintxas

I believe that it was $500 million, not $500 thousand.


2 posted on 09/08/2011 12:02:59 PM PDT by Truth29
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To: bestintxas

Your title is wrong. Hundreds of Millions not Hundreds of Thousands.


3 posted on 09/08/2011 12:03:12 PM PDT by Recon Dad ("Don't forget, incoming fire has the right of way..")
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To: bestintxas

Is that a typo in their article?

Everywhere is reporting that it was a $535 million loan (which is gone) - not “over $500,000”. Are they trying to make it look like only 1/2 a million to hide the nearly 1/2 a billion later in the article? Am I missing something?


4 posted on 09/08/2011 12:03:54 PM PDT by dan on the right
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To: bestintxas

A half-billion is government handouts gone in two years, everyone laid off, and the officers of the company just smile and say gee whiz, sorry it dodn’t work, gotta go now...

LOL, this level of crass greed only can happen in the SF Bay Area. Not even in Chicago or New York or LA are people as outright brazen greedy frauds as they are in Pelosi Country.


6 posted on 09/08/2011 12:05:20 PM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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To: bestintxas
Don't count on it w/Holder "running things" for "his people!"

This co must be run by a bunch of white people.

If we lived in a just country, FBI would raid NEA and all service employee gub'mint unions who got the rest of our $$$$$!

7 posted on 09/08/2011 12:05:21 PM PDT by zerosix (native sunflower)
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To: bestintxas

Is the FBR armed with flame throwers. Lot to cover up using conventional methods.


10 posted on 09/08/2011 12:07:06 PM PDT by Stentor
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To: bestintxas

Well, there goes all THAT evidence that will never be seen again.

Holder tying up all the loose ends.


11 posted on 09/08/2011 12:10:00 PM PDT by RetSignman (It's Summertime...the "Goebbles Warmers" are back from hibernation.)
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To: bestintxas
FBI agents on Thursday executed search warrants at the headquarters of Solyndra LLC, which was awarded more than $500,000 in federal stimulus loans

They dropped a few zeros there.

S/B over $500,000,000

12 posted on 09/08/2011 12:10:13 PM PDT by Harmless Teddy Bear (Can we ask questions which God finds unanswerable? Easily. All nonsense questions are unanswerable.)
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To: bestintxas; Truth29; Recon Dad; dan on the right; Talisker; zerosix; LRoggy

Call me unsophisticated but I can’t believe for a minute that all of this money was legitimately spent(wasted). I’m betting we’re going to be finding out in the weeks and months ahead just what sort of shady characters with chequered careers were running Solyndra and how much money went to Cayman Islands accounts or was spent in living large. Oh, and maybe that just some of that money found it’s way back into the pockets of Obama and his cronies.

This is a half-BILLION dollars we are talking about here!


13 posted on 09/08/2011 12:15:09 PM PDT by sinanju
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To: bestintxas

-——Solyndra LLC, which was awarded more than $500,000 in federal stimulus loans-——

On another thread today it was noted that Solandra received Federal Loan Guarantees. That is, the funds did not come from the government but from banks with the Feds as co signer.

That raises a big issue. If the funds are not actually provided under the stimulus appropriations, is there a big pool of non appropriated loan guarantees out there to make things worse still?

Do bank guarantees require quantified congressional approval?


14 posted on 09/08/2011 12:15:56 PM PDT by bert (K.E. N.P. +12 ....Rats carry plague)
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To: bestintxas

Article missing three zeros. I agree that this could unravel his “residency”.


15 posted on 09/08/2011 12:16:36 PM PDT by jersey117
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To: bestintxas

This raid is about collecting all the company’s records so the corruption tying the Obama administration to the company can never be known to the public.


16 posted on 09/08/2011 12:16:42 PM PDT by NoControllingLegalAuthority (Where is the middle ground on insolvency of the United States government?)
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To: bestintxas

A relevant question is the professional predigree of the founders; for a startup, even $20 million is a LOT. HALF A BILLION? The founders had better have DECADES of experience in solar.

If not? It screams, “pay off”.


17 posted on 09/08/2011 12:16:47 PM PDT by gaijin
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To: bestintxas
Solynda which was awarded more than $500,000 in federal stimulus loans in 2009 to make solar panels in what the Obama administration called part of an aggressive effort to put more Americans to work and end U.S. dependence on foreign oil.

Here you can see the ignorance and stupidity of the Obama administration. Solar will do next to nothing to end the dependency on Foreign Oil. Solar Energy only produces electricity and also can be used to heat water. 70% of Oil is used for Transportation. 25% of oil is used for other industrial purposes; chemicals, paint, etc. Only 2% of electrical energy is derived from oil. Most of that is in Hawaii or used for portable generation and the like. A construction site might use portable generators until they can hook up to the grid. Also hospitals and other facilities need diesel generator backups.

So Solar Energy doesn't do very much at all to decrease our dependency on foreign oil. But the public doesn't know this. And when people tell them that these subsidized companies are helping to reduce our dependency on imported oil, the average person will believe them. Outrageous.
20 posted on 09/08/2011 12:17:02 PM PDT by truthguy (Good intentions are not enough.)
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To: bestintxas

His title isn’t wrong - that is what the article said.


21 posted on 09/08/2011 12:18:45 PM PDT by dan on the right
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To: bestintxas
This is nothing more than a records seizure to cover the Obozo’s ass.
22 posted on 09/08/2011 12:19:34 PM PDT by drypowder
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To: bestintxas

Skippy the Echolocating Wonderbat won’t be happy with this.
He’ll slap down the FBI in any petty way he can.


26 posted on 09/08/2011 12:24:46 PM PDT by Darksheare (You will never defeat Bok Choy!)
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To: bestintxas
“It’s here that companies like Solyndra are leading the way toward a brighter and more prosperous future...”

for criminals and politicians.

34 posted on 09/08/2011 12:43:36 PM PDT by dead (I've got my eye out for Mullah Omar.)
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To: bestintxas
This story is simply incredible.

Think about it - in less than two years, a money bundler for Obama - whose people visited the White House regularly, blew through over half a billion dollars!! Not only that, they got a preferential rate of just over 1% interest!!!

I think that nitwit Jay Carney said something like “ well, they aren't all successful!” meaning these green businesses. Hey - Jay - flash - they all fail! It is just a matter of time. If they were profitable, they wouldn't need your stinkin loans!

Let's Drill, Frack, Dig (coal) and fire up the Nukes! They all make money, jobs and energy!

36 posted on 09/08/2011 12:54:42 PM PDT by dan on the right
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To: bestintxas
Another failure.... Or is it? Is this how he plans to tear this country apart. First, small pieces, then larger chunks, and then go in for the kill. This man can not be this tupid to piss away so much of the peoples money on pipe dreams. He is going to destroy us.....Prepare people.... Photobucket
38 posted on 09/08/2011 1:29:53 PM PDT by baddog 219
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